Tuesday, January 10, 2006

GM Plans to Trim Prices on Most Vehicles

GM Plans to Lower Prices on Most Vehicles in Effort to Wean Buyers Off Expensive Incentives

DETROIT (AP) -- General Motors Corp., which has been losing market share in the United States to Asian automakers, said Tuesday that it will lower the prices on 57 of its 76 models in North America in an effort to boost its sliding market share and wean buyers off expensive incentives.